Dangote Industries Limited has announced its sponsorship of the 2025 Abuja International Trade Fair, reaffirming its role as a key player in Nigeria’s industrial growth and Africa’s economic development. The …
Nigerian economy
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BusinessEconomyEventsSustainabilityTrade
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EconomyElectionsGovernanceLeadershipPolitics
Southern Ex-Lawmakers Endorse Tinubu for 2027, Urge Opposition to Wait
The Southern Forum of Former Legislators has declared President Bola Ahmed Tinubu as its sole presidential candidate for the 2027 general elections, calling on opposition politicians to allow the South …
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EconomyGovernment PolicyNigeriaOil & GasTrade
Nigeria Loses N3.18tn in Crude Oil Export Earnings Despite Higher Output
Nigeria’s crude oil export earnings dropped sharply by N3.18 trillion in the first half of 2025 despite a rise in production levels, new data from the National Bureau of Statistics …
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EconomyEnergyGOVERNMENTInternational AffairsMiddle eastOil & GasPolicies
Nigeria’s Bonny Light Crude Rises to $67 as Global Oil Prices React to Middle East Tensions
international market, up from $65, after news broke of Israel’s surprise strike on Hamas targets in Qatar. The development, which rattled the oil market, immediately triggered fears of supply disruption …
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BusinessEconomyEnergyGovernment PolicyInfrastructureINVESTMENT
FG to Privatise 91 Public Enterprises Across Key Sectors – BPE DG
The Director-General of the Bureau of Public Enterprises (BPE), Mr. Ayodeji Gbeleyi, has announced that 91 federal government-owned enterprises will be privatised or commercialised as part of ongoing reforms to …
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EconomyFinanceFinance ConferencesGovernanceInternational AffairsMonetary PolicyNigeria
Nigerian Economic Society to Honour Shettima, Iyabo Masha, Others at Annual Conference
The Nigerian Economic Society (NES) has announced that Vice President Kashim Shettima and Dr. Iyabo Masha, Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), …
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EconomyGovernment PolicyLabour PartyNigeriaPolitics
Peter Obi Slams Passport Fee Hike as Burden on Nigerians
Peter Obi, the Labour Party’s presidential candidate in the 2023 general elections, has condemned the recent hike in International Passport fees, calling it yet another burden on ordinary Nigerians. In …
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BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
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BusinessDangote IndustriesEconomyEnergy
Nigerians Spend N1.3tn on Petrol in June as Consumption Hits 1.44bn Litres
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …
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BusinessEconomyFinancial RegulationFintechGovernment PolicyInsurance
Tinubu’s Insurance Reform Act 2025 Set to Transform Nigeria’s Insurance Industry
Nigeria’s insurance industry is preparing for major changes following the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 by President Bola Ahmed Tinubu earlier this month. The new …